Wilmar International Limited was founded in 1991 and is headquartered in Singapore. Wilmar’s business activities include oil palm cultivation, oilseed crushing, edible oils refining, sugar milling and refining, manufacturing of consumer products, specialty fats, oleochemicals, biodiesel and fertilisers as well as flour and rice milling.
Wilmar’s strategy is to create an integrated agribusiness that extends throughout the entire value chain of the agricultural commodity business, from cultivation, processing, merchandising to manufacturing of a wide range of branded agricultural products.
Wilmar has over 900 manufacturing plants in 33 countries and regions (including subsidiaries, joint ventures and associates) including China, India, Indonesia, Australia, Vietname, and Malaysia. By revenue, China represents the company's largest region, accounting for 56.17% (USD 24.99 billion) of total revenue. However, Wilmar has expanded into other regions such as Africa, where in 2018, it acquired the remaining 50% equity interest in Nauvu Investments Pte Ltd (which hold integrated palm oil, rubber and sugar assets in Africa) from Olam International Limited.
Wilmar International Limited is traded on the Singapore Exchange (SGX) under the code F34.
Oilseeds and grains (manufacturing and consumer products) - This segment comprises the processing, merchandising, branding and distribution of a wide range of agricultural products including non palm and lauric edible oils, oilseeds, flour and rice milling, corn processing and downstream products like flour and rice noodles in consumer pack, medium pack and in bulk. In the year end December 31, 2018, revenue from the oilseeds and grains segment accounted for 50.50% (USD 22,472.1 million) of total revenue.
Tropical oils (plantation and manufacturing) - This segment comprises the palm plantation and palm oil mill, processing, merchandising, branding and distribution of palm oil and laurics related products including oleochemical, speciality fats and biodiesel. In the year end December 31, 2018, revenue from the tropical oils segment accounted for 38.08% (USD 16,944.6 million) of total revenue.
Sugar (milling, merchandising, refining and consumer products) - This segment comprises sugar milling, refining, merchandising, branding and distribution of sugar and related products (e.g. the sale of Equal in Australia). In the year end December 31, 2018, revenue from the sugar segment accounted for 9.02% (USD 4,014.4 million) of total revenue.
Others - This segment includes the manufacturing and distribution of fertiliser products and ship-chartering services. In the year end December 31, 2018, revenue from the others segment accounted for 2.40% (USD 1,066.5 million) of total revenue.
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